This report studies the global electrochemical instruments market for the forecast period of 2014 to 2019. This market is expected to reach $2,205.9 Million by 2019 from $1,713.0 Million in 2014, at a CAGR of 5.2% during the forecast period (2014 to 2019).

The global electrochemical instruments market is segmented on the basis of products, technologies, end users, and regions.

Based on products, the electrochemical instruments market is categorized into electrochemical meters, titrators, ion chromatographs, potentiostats/galvanostats, and others. In 2014, the electrochemical meters segment accounted for a major share of the electrochemical instruments market, by product. On the basis of type, the electrochemical meters market is further segmented into benchtop meters and portable. In 2014, the benchtop meters accounted for the largest share of the electrochemical meters market.

Based on technologies, the electrochemical instruments market is segmented into potentiometry, voltammetry, coulometry, and other technologies. In 2014, potentiometry segment accounted for the largest share of electrochemical instruments marker. Based on end users, the electrochemical instruments market is segmented into environmental testing industry, biotechnology and pharmaceutical industry, food and agriculture industries, academic and research institutes, and others. In 2014, the environmental testing industry segment accounted for the largest share of electrochemical instruments market.

On the basis of regions, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). The Rest of the World region comprises Latin America, the Middle East and Africa. In 2014, Europe accounted for the largest share of the electrochemical instruments market, followed by North America, and Asia-Pacific.

Factors driving the growth of this market include growing demand for multi-parameter test instruments, and awareness amongst the people about the safe water consumption. Moreover, emerging Asian markets, rising R&D expenditure of pharmaceutical and biotechnology companies globally, and global alliances amongst leading research institutes to trigger drug discovery to create huge opportunities for this market in coming years. However, factors such as commoditization of electrochemical instruments and declining average selling prices of electrochemical instruments are hindering the growth of this market.

About MarketsandMarkets:MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.